Khatiwada appointed governor Republica, 19-Mar-2010
Ending nearly two-month confusion and speculations, the cabinet meeting held on Friday has appointed Dr Yuba Raj Khatiwada, Vice Chairman of National Planning Commission, to the post of governor of Nepal Rastra Bank, the top-most position at the country´s monetary authority.
Dr Khatiwada was appointed the vice chairman of National Planning Commission in June 2009.
He was also recommended to the post of governor in 2005 along with Dr Bimal Prasad Koirala and former governor Bijaya Nath Bhattarai. However, the then cabinet chaired by former Prime Minister Sher Bahadur Deupa chose Bhattrai to the post.
Born in August 1956, Dr Khatiwada obtained Ph.D. from Delhi School of Economics on monetary economics in 1993. Khatiwada spent a significant length of his career at Nepal Rastra Bank, where he had entered as an assistance research officer in 1983 and retired executive director in 2008.
Dr Kahtiwada also appointed member of National Planning Commission for nearly two years, starting from October 2002. He also served on United Nations Development Program as its Economic Advisor for Asia Pacific Region between January 2008 to May 2009.
The cabinet also appointed Bidhyadar Malik as the vice-chairperson of Poverty Alleviation Fund, Minister for Information and Communications Shankar Pokharel informed reporters.
In yet another decision the government decided to give the responsibility of printing Machine Readable Passport (MRP) to India.
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